VSS SC Fund IV closes at $530m hard cap

VSS Capital Partners, a private investment firm focused on the healthcare, education, and business services industries, has held the final close of the VSS Structured Capital Fund IV (VSS SC IV) at $530 million, significantly in excess of its $400 million target. 

VSS Capital Partners (VSS), a private investment firm focused on the healthcare, education, and business services industries, has held the final close of the VSS Structured Capital Fund IV (VSS SC IV) at $530 million, significantly in excess of its $400 million target. 

The fund secured support from existing as well as new institutional investors, including insurers, pensions, asset managers, foundations, endowments and select family offices.
 
VSS’s Structured Capital hybrid strategy provides a combination of debt and equity to growth-oriented, lower middle market companies. The strategy offers the combination of non-control junior capital with the benefits of active partnership and industry expertise. 

VSS says its Structured Capital funds aim to achieve substantial and consistent risk-adjusted returns with the downside protection associated with debt and traditional mezzanine investments.